Simplex Trading LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,214 shares of the company’s stock, valued at approximately $505,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vestor Capital LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $1,370,000. AlphaCore Capital LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 18.5% during the third quarter. AlphaCore Capital LLC now owns 38,906 shares of the company’s stock worth $3,159,000 after buying an additional 6,063 shares during the last quarter. Leuthold Group LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $11,604,000. Private Management Group Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $2,415,000. Finally, Clear Wave Wealth Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 5.7% in the 3rd quarter. Clear Wave Wealth Management LLC now owns 202,512 shares of the company’s stock valued at $16,444,000 after acquiring an additional 10,982 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.
iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%
Shares of SHY stock opened at $81.59 on Tuesday. The stock’s 50-day moving average price is $81.37 and its 200 day moving average price is $82.08. The stock has a market capitalization of $27.54 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.2544 per share. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd.
About iShares 1-3 Year Treasury Bond ETF
The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.
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